FIF News

Informational Session with FINRA on FINRA ATS Rule 4554

FIF will be holding an ATS working group meeting on Friday, January 13th at 10:00 am with FINRA to discuss implementation issues related to the inclusion of sequencing numbers pursuant to FINRA Rule 4554.

Posted Jan 09, 2017

FIF Data and Technology Committee Focus for 2017

FIF announced at its year end event and December Committee meetings that it would be renaming the FIF Market Data Technology Committee to the FIF “Data and Technology” Committee beginning in 2017.  The change in no way diminishes the current FIF processing and reporting of market data analytics along with capacity planning support provided today. It instead broadens the overall committee scope and focus to examine growing trends in data and technology, including the hosting of relevant spotlight topics and additional member seminars on technology-related topics. The Committee charter expansion came as a result of feedback and discussions with FIF members, and is meant to further enhance the value of FIF membership for firms with specific interests in financial services technology, products and services.

Posted Jan 03, 2017

Panelists Focus on the Future of Trading Technology at FIF Year-End Event

NEW YORK, NY --- On Tuesday, December 13th, the FIF, Hewlett Packard Enterprise and Intel co-hosted a widely successful Year-End Event focusing on the future of trading technology. More than one hundred and fifteen participants (representing fifty FIF member firms) filled the stunning Museum of American Finance on Wall Street.

The audience was captivated by panelists including: Tom Tyler, Americas Director of HPC Solutions (Hewlett Packard Enterprise), Ann Neidenbach, Chief Information Officer (ConvergEx), Randy Faust, Director of Product Development (OTC Markets), and Dan Solak, Senior Consultant (Jordan and Jordan).   The panelists discussed the evolution of trading technology and trading systems, the gradual migration to cloud based products and services, “Big Data,” "Smart Data,” cybersecurity, open source technologies and Blockchain. Panelists also focused on the future of artificial intelligence in the workplace, discussing the benefits and drawbacks of such changes. The panel was effectively moderated by Tom Jordan (FIF Advisory Committee Chair), who initiated the key talking points and opened the discussion on stage to the audience members below who had a few follow-up questions of their own.

Overall, the Year-End Event was a success. The participants shared positive feedback on all aspects of the event, including the networking reception which occurred on the beautiful main floor of the American Museum of Finance, where many of the participants were fascinated by the museum displays on financial markets, the history of American currency, banking, entrepreneurship and Alexander Hamilton. FIF thanks Hewlett Packard Enterprise and Intel for kindly hosting the event as well as all those who participated.

Posted Dec 19, 2016

FIF Submits Addendum to their Comment Letter on Enhancements to Disclosure of Order Handling Information

On Monday, November 7, 2016, FIF submitted an addendum to their previous comment letter on proposed enhancements to Disclosure of Order Handling Information.  The addendum focuses on FIF's proposed combined template as an alternative to the proposed template provided by the SEC.

Posted Nov 14, 2016

FIF Forms Working Group for TRACE Reporting for Treasuries

FIF is forming a working group to discuss implementation of the new FINRA requirements for TRACE reporting of transactions in US Treasuries, to become effective July 10, 2017.  The first meeting of the working group will be held on Wednesday, November 16 at 3PM (ET).  If you would like to join this working group, please ensure that your FIF member registration profile includes "TRACE-related Topics."  For further information, please contact the Program Office at fifinfo@fif.com.

Posted Nov 07, 2016